Question
Wake County, North Carolina has recently experienced tremendous growth. A real estate developer takes a random sample of 100 residential real estate plots and records
Wake County, North Carolina has recently experienced tremendous growth. A real estate developer takes a random sample of 100 residential real estate plots and records various features about the plot such as its square footage. appraised value, and so on. The developer wants to check if the mean square footage of residential real estate plots in Wake County is greater than 1630 square feet. Use the square footage data of the 100 randomly sampled plots available in the data file wake county e3v2.xlsx e to test the hypothesis. Use this information for both parts. rPart 1: What is the test statistic? Question 29 Part 2: What is the p-value for your test above?
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